Kuwait GDP Annual Growth Rate 1963-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Kuwait expanded 1.80 percent in 2015 from the previous year. GDP Annual Growth Rate in Kuwait averaged 3.65 percent from 1963 until 2015, reaching an all time high of 33.99 percent in 1993 and a record low of -20.62 percent in 1980.

Kuwait GDP Annual Growth RateNotes

Kuwait holds the world´s sixth biggest proven reserves of oil as such oil sector accounts for 40 percent of GDP, 90 percent of total exports and 80 percent of state revenues. The services sector constitutes 30 percent of the output. Within services the largest segments are: community, social and personal services (11 percent of GDP); real estate and financial and business services (9 percent) and wholesale and retail trade and restaurants and hotels (8 percent). Manufacturing contributes for 23 percent of the wealth and construction and electricity, gas and water distribution for the remaining 7 percent.
. This page provides - Kuwait GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.